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Correlation
of values
-65%
In sync
of periods
51%
History
daysdays · through 2026-07-02
5,096
These move in the same direction about 51% of the time
When one swings, the other often swings by a similar amount in the opposite direction (~42% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Both lines start at the same point — easy to compare when growth rates are similar.
Advanced
Statistics
In sync(i)
51%
Headline metric
Movement correlation(i)
-65%
Based on values
95% CI
N/A
Pipeline
Pipeline Summary
5,096 paired data points survived the daily window.
Raw input
11,129
5,139
Normalized
11,129
5,139
Prepared
11,129
5,139
Aligned
5,096
5,096
Invalid removed
Likely range
R²(i)
42%
Variance explained
Significance
N/A
Statistical confidence
Data points(i)
5,096
Deep
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -6 to 6 days.
Selected shift
No shift
Correlation at this shift
-65%
No shift — both series at their actual dates.
5,096 overlapping points at this shift
Baseline
-65%
No-shift correlation, matching the main time-series chart above.
Peak shift
No shift
-65%
A non-zero peak suggests one series lines up better when shifted against the other.
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
6,076
A: 6033 / B: 43
Series A
10Y-3M Yield Spread
T10Y3M
FRED · 11,129 raw → 11,129 prepared
Series B
US Dollar Index
DTWEXBGS
FRED · 5,139 raw → 5,139 prepared
Sign agreement
80.7%
How often both values share the same sign.
Zero crossings
11
Estimated crossover points between normalized spreads.
Slope
-6.0852
Linear regression slope.
Intercept
113.6745
Linear regression intercept.
Saved 3 months ago · ID: fred-dtwexbgs_fred-t10y3m_daily_5y